Live, rolling coverage of business, economics and financial markets as US Treasury chief Scott Bessent attends negotiations in Sweden
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After the US and EU announced the outline of a trade deal that would limit tariffs to 15%, it looks like talks with China could be the next on the agenda, with an extension of a truce in the trade war “likely”, according to a top official in the Trump administration.
US Treasury chief Scott Bessent arrived yesterday in Sweden, alongside China’s vice premier He Lifeng, according to Reuters. Back in the US, Howard Lutnick, the commerce secretary told Fox News that a delay to a higher tariff deadline was probable:
Is that a likely outcome? Sure, it seems that way, but let’s leave it to President Trump to decide.
